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UK’s Ted Baker surges most in two years over Sycamore bid

  Bloomberg Ted Baker shares gained the most in almost two years after Sycamore Partners Management said it’s considering making an offer for the UK fashion brand, which lost more than 90% of its value in the past four years. The private equity firm said the considerations are in the early stages and there’s no certainty it will make an ...

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Canada retail sales jump 3.2% in January

Bloomberg Canadian retailers posted stronger-than-expected revenue gains in January, though business waned in February, according to data from the country’s statistics agency. Sales jumped 3.2% in January, led by a pick-up in auto sales but with broad-based increases across sectors, Statistics Canada said in a release. That momentum didn’t continue into February, when receipts fell 0.5%, according to preliminary estimates ...

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China stocks slip as absence of policy measures adds to worries

  Bloomberg Chinese equities fall on Monday as traders remained concerned about whether there would be adequate policy support to spur growth after lenders left the borrowing costs unchanged. The CSI 300 Index closed down 0.2% after falling as much as 1%. Rate-sensitive financial firms and property developers weighed on the market. The Hang Seng China Enterprises Index, which tracks ...

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